Relatives

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Garima Sachar

Garima Sachar (Querist)
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09 October 2010 Sir,

Does relative as per companies act include Brother-in-law i.e,his wife's brother?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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09 October 2010 Meaning of "relative".-
A person shall be deemed to be a relative of another if, and only if,-
(a) they are members of a Hindu undivided family; or
(b) they are husband and wife; or
(c) the one is related to the other in the manner indicated in Schedule IA.
schedule 1A is given below:-
LIST OF RELATIVES
1. Father.
2. Mother (including step-mother).
3. Son (including step-son).
4. Son's wife.
5. Daughter (including step-daughter).
6. Father's father.
7. Father's mother.
8. Mother's mother.
9. Mother's father.
10. Son's son.
11. Son's son's wife.
12. Son's daughter.
13. Son's daughter's husband.
14. Daughter's husband.
15. Daughter's son.
16. Daughter's son's wife.
17. Daughter's daughter.
18. Daughter's daughter's husband.
19. Brother (including step-brother).
20. Brother's wife.
21. Sister (including step-sister).
22. Sister's husband.

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Ajay Mishra

Ajay Mishra (Expert)
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11 October 2010 Hi

The definitions of relative is given under section 6 of the Companies Act, 1956.

A details list of relatives has been given in schedule IA of the Companies Act, 1956. As per this schedule, a sister husband will be included as relative.

The provisions of Section 6 and Schedule IA will apply to all company whether it is public company or private company.

Regards

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